The Fertilizer Institute (TFI) announced Monday that it and the Biostimulant Coalition have reached a formal agreement to form a "Biostimulant Council" and work together to advance policy and regulatory frameworks that increase biostimulant market access and encourage research and innovation.
The Biostimulant Coalition is a non-profit group of interested parties cooperating to proactively address regulatory and legislative issues involving biological or naturally derived additives, including but not limited to bacterial or microbial inoculants, biochemical materials, amino acids, humic acids, fulvic acid, seaweed extract and other similar materials. The group was formed in 2011.
"We are happy to welcome the Biostimulant Coalition under the TFI umbrella," said TFI President & CEO Corey Rosenbusch. "Biostimulants are an important and growing area of crop nutrition. The Biostimulant Coalition has achieved great success as the voice of an emerging industry and we are excited about the potential to achieve even more with the additional resources of TFI fully behind the effort."
"The partnership with TFI will provide the Biostimulant Coalition with all the tools we need to continue serving the membership we have, as well as growing those offerings," agreed Biostimulant Coalition Executive Director, David Beaudreau, Jr. "TFI brings to the table a high functioning team of professionals and a full suite of legal, policy, regulatory, and communications resources."
"The number one issue facing the biostimulant industry is not having a regulatory approval process that allows biostimulants to be marketed to or utilized by farmers," concluded Rosenbusch. "TFI will be leading the way to change that and ensure the industry has a workable biostimulant definition, products have an approval path to market and scientifically defensible claims can be analyzed by growers to evaluate use on their crops."
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